Emerging-Market Bulls Start to Overtake the Bears, Survey Shows
- Mexican assets favored; Argentina peso, stocks rank at bottom
- Fed rate path, Chinese economic growth seen as key factors
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The bulls are finally starting to outweigh the bears in emerging markets.
After two quarters of declines, developing-nation assets will find a floor and remain stable in the final three months of the year as central banks from Argentina to Turkey move to defend their currencies, a Bloomberg survey shows.